Norway stocks higher at close of trade; Oslo OBX up 0.95%

Investing.com – Norway stocks were higher after the close on Friday, as gains in the Healthcare Equipment & Services , Pharma Biotech & Life Sciences and Utilities sectors led shares higher.

At the close in Oslo, the Oslo OBX rose 0.95% to hit a new 1-month high.

The best performers of the session on the Oslo OBX were TGS NOPEC Geophysical Company ASA (OL:TGS ), which rose 4.18% or 4.20 points to trade at 104.70 at the close. Meanwhile, Norsk Hydro ASA (OL:NHY ) added 2.38% or 1.60 points to end at 68.92 and Var Energi ASA (OL:VAR ) was up 2.37% or 0.84 points to 36.30 in late trade.

The worst performers of the session were Norwegian Air Shuttle ASA (OL:NAS ), which fell 11.56% or 1.43 points to trade at 10.90 at the close. Kongsberg Gruppen ASA (OL:KOG ) declined 1.65% or 18.00 points to end at 1,074.00 and Hoegh Autoliners ASA (OL:HAUTO ) was down 0.72% or 1.00 points to 137.80.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 159 to 126 and 20 ended unchanged.

Crude oil for November delivery was up 0.80% or 0.59 to $74.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.75% or 0.58 to hit $78.20 a barrel, while the December Gold Futures contract fell 0.02% or 0.60 to trade at $2,678.60 a troy ounce.

EUR/NOK was down 0.05% to 11.70, while USD/NOK rose 0.61% to 10.67.

The US Dollar Index Futures was up 0.52% at 102.28.

Source: Investing.com

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